450 Mt Orange Road
About This Property
Upstairs features 3 bedrooms and 2 full bathrooms, including a private en-suite in the primary bedroom. Gleaming hardwood floors flow throughout the main living areas, creating a warm and inviting atmosphere. The open-concept kitchen, dining and living room area are perfect for gatherings and overlook the landscaped front yard, adding to the home's curb appeal.
The lower level offers a second living area and an additional full bathroom, with flexible living space ideal for a fourth bedroom, guest suite, in-law setup, or home office.
Additional features include a paved driveway, two car attached garage, new water softener system. Close to schools, parks, shops and less than 65 miles to the GWB make is a great commuter location as well.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017